Accounts, Statistics & Audit
Accounts – Meaning, Objectives and Methods of Book Keeping, Double Entry Accounting System, Journal, Ledger and Trial Balance, Preparing Final Accounts with adjusting entries, Partnership Accounts, Company accounts, Issue and forfeiture of shares, Accounts of Non-profit (non-Business) organisations, Royalty Accounts. Accounts related to Hire-purchase and Installment purchase.
Statistics – Mean, Meaning, scope, importance and limitations of Statistics, Collection, Classification and tabulation of data, Dispersion.
Auditing – Definition, objectives, importance, Meaning of Certification, Types of certification, Certification of primary books of accounts
Business organization and Management
Business organization – relationship between business and civilization, meaning and scope of business organization, Environmental pollution and industries, forms of business organisations, advertisement and art of selling, domestic and international trade.
Management – Nature and importance of management, various schools of management, functions of management, planning, staffing, motivation, coordination and control.
Economics, Money, Banking and Indian economy
Definition and scope of economics, Marginal and total utility, Law of diminishing marginal utility, Demand and elasticity of demand, Factors of production, Laws of production, Cost, Types of markets, Price determination under perfect competition and monopoly, Factor pricing, Law of marginal productivity
Definition, scope and functions of money, Importance of money in capitalist and socialist economies, Gresham’s law, Quantity theory of money, changes in the value of money
Types and functions of banks, functions of commercial banks, Functions of Reserve Bank of India
Features of Indian economy, Problems of population, problems of agriculture, problems related to international trade